Harberger triangle
nounEtymology
Named after Arnold Harberger (born 1924), American economist.
Definitions
A graphical representation of the deadweight loss (as measured on a supply and demand…
A graphical representation of the deadweight loss (as measured on a supply and demand graph) in the trade of a given product or service caused by market failure or government failure.
The neighborhood
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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA